Benefits Canada Newsletter

Dividend payments have been a key issue in the Sears Canada Inc. case. In a blog post this weekend, Sears shareholder Eddie Lampert defended the dividends and said the pension situation isn't so dire. Are dividends an issue regulators should address?

Yes, it's wrong when companies prioritize their shareholders over pension plan members
No, shareholder issues are separate from pension matters and regulators have other tools to address deficits in a plan